25/4/2018/BBC Facebook’s quarterly sales rose by nearly 50% in the social media giant’s first results since a privacy scandal over users’ data emerged. The company said that revenues rose to $11.9bn in the first three months of the year, compared to $8bn previously. Chief executive Mark Zuckerberg said: “Despite facing […]

25/4/2018/Access Bank Plc Access Bank Plc has released its unaudited financial results for the first quarter (Q1) ended March 31, 2018 showing an increase of 19 percent in gross earnings to N137.5 billion from N116 billion in the corresponding period of March 2017, with interest income and non-interest income contributing […]

Culled—Proshare April 25, 2018/FBNQuest Research  Event: Access Bank reports Q1 2018 results Implications: Limited revisions to consensus 2018 PBT forecasts Positives: Non-interest income grew 15% y/y Negatives: Provisions spiked by 55% y/y; PAT fell by 24% y/y due to a negative result of N5.3bn in OCI  Access Bank’s (Access) Q1 2018 results […]